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Value for money element of the project management procurement

   

Added on  2020-04-15

11 Pages1801 Words370 Views
Running head: STRATEGIC CONSTRUCTION MANAGEMENT STRATEGIC CONSTRUCTION MANAGEMENTName of the studentName of the universityAuthor note
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1STRATEGIC CONSTRUCTION MANAGEMENTExecutive summaryThe report aims at understanding the value for money element of the project managementprocurement, through the critical analysis of three articles. It helps in the understanding of theorganizational needs to monitor over the qualitative and the quantitative factors of the project. Ithelps in determining the costs and the quality of the projects and the analysis that theorganization is required to undertake of the utility that can be derived from the undertaking of theproject.
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2STRATEGIC CONSTRUCTION MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Critical Review 1.............................................................................................................................4Critical Review 2.............................................................................................................................5Critical Review 3.............................................................................................................................5Conclusion.......................................................................................................................................6References........................................................................................................................................7Appendix..........................................................................................................................................9
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3STRATEGIC CONSTRUCTION MANAGEMENTIntroduction The growth of the companies is based on the requirements of the organization to bring inimprovements in the organizational structure. The organizations, which aim at making aprogress, must consider certain steps in order to manage the resources of the organization and thefinancial investments made by the organization for manufacturing the products and services. Thestrategic planning of the elements involved in the production process determines the expectationsof the chief stakeholders of the organization and thereby determines the situation of theorganization. It helps in determining the risks that the organization might face due to theimprovements that are being undertaken by the organizations. The most important step that is being undertaken by the organizations while undertakingthe strategic analysis is determining the functionality of the supply chain (Gatti 2013). Moreover,the organization must also focus on the quality of the projects and the costs that are beingincurred. It helps in the clear understanding of the contingencies that the organization might facewhile implementing the change based on the needs and the requirements of the organization. Thestrategies help the organization in undertaking different procedures, which affects the growth ofthe organization. The purpose of undertaking this analysis is to understand the different conceptsand examine their applicability in the proper construction management of the organization. Thereport will evaluate the principles and the theories of the strategic procurement and observe theirapplicability on the supply chain of the organization. The effects that are being enumerated isbased on the factors of the change that the organization seeks to undertake.
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